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renewable energy

World Bank Supports Mali’s RE Transition With $22.7 Mn Financing

The World Bank has approved a $22.7 million financing to support Mali’s efforts to improve access and promote the deployment of renewable energy. The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural […]

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Usha Shriram Expands Footprint in Solar with On-Grid Inverters

Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready to disrupt the market. Expanding its product portfolio in solar space, Usha Shriram, a multi-product company, has launched a unique range of smart on-grid inverters under the brand ‘Eurolex’. Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready […]

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MNRE Invites Proposals for Testing Hydrogen Fuel Buses in NCR

MNRE has invited preliminary project proposals for pilot demonstration of 4 hydrogen fuel cell powered buses in the Delhi-NCR region. The Ministry of New and Renewable Energy (MNRE) has been supporting R&D and demonstration projects in hydrogen and fuel cells area, this includes several projects for development and demonstration of hydrogen fuelled vehicles. A pilot […]

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CEA Predicts 6-Fold Increase in RE Capacity by 2029-30

The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […]

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EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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MNRE Issues Guidelines for Implementation of KUSUM Scheme

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Siemens Gamesa Bags Order for its First Nearshore Project in Vietnam

Siemens Gamesa has secured an order to supply seven SG 4.5-145 for Thanh Hai 1 wind farm, its first nearshore project in Vietnam Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply seven SG 4.5-145 for No. 5 Thanh Hai 1 wind farm, its first nearshore project in Vietnam located between 2 km […]

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MiaSolé Acheives Flexible Substrate Solar Cell Efficiency of 20.56%

MiaSolé has announced that the U.S. DOE’s NREL has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film solar cell MiaSolé, the US-based subsidiary of Hanergy, has announced that the US Department of Energy’s National Renewable Energy Laboratory has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film device (0.86cm2) deposited […]

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